AB Bank Limited approved 12.5pc stock dividend for its shareholders at the 33rd Annual General Meeting (AGM) of the Bank held Sunday at the Bashundhara Convention Centre in the city. The AGM approved the Annual Report and the Audited Financial...
Prime Bank Limited as lead arranger & agent of the syndication finance of Star Ceramics Ltd arranged a lenders' visit programme to the project site at Habigonj recently. Senior executives of participating lenders i.e. Mutual Trust Bank, Trust Bank, The...
Q1 disclosure of Sonargaon (Q1 Un-audited): Net Profit/(loss) after tax from Jan15 to March15 was Tk. (15.21) million with EPS of Tk. (0.57) as against Tk. (5.96) million and Tk. (0.23) respectively for the same period of the previous year....
UCB awards brilliant students Managing Director of United Commercial Bank Limited, Muhammed Ali attended an award giving ceremony where meritorious children of UCB employees who have achieved tremendous result in different exams were awarded. The meritorious children of employees of...
The National Stock Exchange will auction on Monday investment limits for foreign investors to buy government debt securities worth Rs 2,684 crore, reports NDTV. This is the highest investment limit on offer for overseas investors in more than half-a-dozen auction...
State-owned insurance giant LIC has increased its exposure in 12 Sensex firms, including Coal India and Bajaj Auto, in the January-March quarter, with purchase of shares estimated to be Rs 16,400 crore at current valuation, reports NDTV. The holding of...
The combined market valuation of top seven companies surged by Rs 34,645.72 crore last week, with SBI emerging as the biggest gainer, reports NDTV. While ONGC, HDFC Bank, CIL, Sun Pharmaceutical, Infosys, SBI and HDFC saw rise in their market...
MTB rated Credit Rating Information and Services Limited (CRISL) has rated the Company as AA- in the long term and ST-2 in the short term in consideration of financials of the Company up to December 31, 2014 (audited) and other...
FE Report An Asian partnership conference concluded in Dhaka Sunday recommending that development partners and developed countries should actively help countries like Bangladesh in achieving the universally-designed sustainable development goals (SDGs) in post-2015 period. Speakers at the expert-studded meet noted...
Prime Minister Sheikh Hasina underscored Sunday the need for increased cooperation among the countries both in the South and the North in various areas of development as the South alone cannot make progress, reports UNB. "The South cannot make progress...
M Azizur Rahman | 2015-05-18 00:00:00
A joint feasibility study has begun on the construction of a 129-kilometre cross-country pipeline meant for carrying petroleum products from India's Numaligarh refinery into Bangladesh's 'master' petroleum depot, said officials. However, pending installation of the pipeline, Bangladesh would start importing...
Migrants rescued from a sinking boat off Indonesia have told the BBC that about 100 people died after a fight broke out over the last remaining food, reports BBC. Survivors told of horrific conditions. Three men separately said people were...
CHITTAGONG, May 17: A fire broke out at the Youngone Corporation, a giant readymade garment (RMG) maker, in the Chittagong Export Processing Zone (CEPZ) early on Sunday. Fire fighters in the EPZ area said the fire broke out from an...
The central bank has asked commercial banks to settle any dispute over transactions through ATM (automated teller machine) cards within 180 days. The Bangladesh Bank (BB) advised the banks concerned in a circular to follow the procedure as stated in...
Jubair Hasan | 2015-05-18 00:00:00
Mymensingh municipality has emerged as an area most vulnerable to earthquake in Bangladesh as a government study predicts over a 7-magnitude tremor could knock down more than 97 per cent concrete structures there. The findings on earthquake-risk assessment show the...
Expatriates' Welfare and Overseas Employment Minister Khandker Mosharraf Hossain trashed Sunday the media reports that the Libyan government had banned Bangladeshi workers from entering the country, reports UNB. Talking to the news agency at his office, the minister said, "The...
FE Report | 2015-05-18 00:00:00
Economists and experts suggested Sunday effective measures in the upcoming budget for boosting the sagging business confidence and ensuring good governance to attract investment into the country, as they found a slowdown on the economic front. They also laid stress...
BNP leader Salahuddin Ahmed, undergoing treatment at a hospital in India's Shillong in police custody, perhaps suffers from memory loss as he cannot recall many things, claimed his colleague Abdul Latif Jony, reports UNB. "It seems to me he (Salahuddin)...
FE Report | 2015-05-18 00:00:00
Speakers at a programme Sunday said apart from the ethnic markets, local mango would be exported to the mainstream market in Europe as foreign chain shops were now sourcing mangoes from Bangladesh. Bangladeshi Langra, Himsagar, Suryapuri, Haribhanga, Fajli, Gopalbhog and...
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